Polish Zloty
The zloty (PLN) is the currency of Poland, which is one of seven EU member states that do not use the euro.
Poland’s GDP growth1 has generally been positive since the early 1990s.
Inflation in the country has been elevated following COVID-19 but has shown signs of slowing since late 2022.
Poland’s main exports are car parts and electric batteries. It tends to import more than it exports.
About Poland
GDP1
$688
Billion
USD
Major Exports2
Motor Vehicle Parts Batteries
Major Export Partners2
Germany
Czechia
France
Budget Deficit3
-3.7%
Trade Flows4
-€10.4
Billion
EUR
Pros and Cons of the Polish Zloty
- Supported by a fast-growing, EU-integrated economy5
- Independent monetary policy6
- Attractive yields compared with Western European currencies7
- Sensitive to geopolitical and regional8 risk
- High volatility during global risk-off periods9
- Inflation pressures and policy uncertainty10
1. https://tradingeconomics.com/country-list/gdp-per-capita
2. https://tradingeconomics.com/country-list/exports;
3. https://tradingeconomics.com/country-list/government-budget?continent=world
4. https://tradingeconomics.com/country-list/balance-of-trade
5. https://www.oecd.org/economy/poland-economic-snapshot/
6. https://www.nbp.pl/homen.aspx?f=/en/onbp/monetary_policy.html
7. https://tradingeconomics.com/poland/interest-rate
8. https://www.imf.org/en/Countries/POL
9. https://www.bis.org/statistics/rpfx22_fx.htm
10. https://www.ecb.europa.eu/pub/economic-bulletin/html/eb202304.en.html
How to Buy the Polish Zloty
Currency CD
Term
APY
3 Month
1.76%
6 Month
1.76%
9 Month
1.76%
12 Month
1.76%
Currency Deposit Account
$2,500 minimum initial trade per currency. After initial trade, no minimum trade amount required.
Balance
APY
All Balances
0.00%
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